Purchasing a home in South Carolina
South Carolina refinance

South Carolina mandates that only an attorney is legally allowed to close residential and commercial real estate transactions. Property taxes are collected on a semi-annual basis. South Carolina charges a deed recordation tax on real estate of $2.60 per thousand for the State Deed Stamps plus $1.10 per thousand for the County Deed Stamps, for a total of $3.70 per thousand of the sales price. Deed stamps in most cases are paid by your seller. This is in every standard contract unless it has been decided on differently for your particular transaction.

Title Insurance premiums:
Owner's coverage/premium $2.75 per thousand up to $100,000
$1.75 over $100,000

Mortgagee coverage/premum $75

Refinance-
generally 30% reissue on Title premium based on what was paid in title insurance at previous settlement when less than 10 years ago. You must have a hard copy of your Owner's Policy of Title Insurance to give to the settlement company to receive this discounted re-issue rate. See refinance mistakes to avoid..